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Tatarstan housing market – general review

Over the past nine months of this year, the Tatarstan real estate market demonstrates steady growth. Both in the volume of residential areas commissioned, and, alas, in real estate prices. In January – September, the cost per square meter in Kazan increased by 10.5% (thereby, on average, 47.5 thousand rubles). The capital of the republic, thereby, entered the three cities of Russia with the greatest increase in housing prices for 2012, taking third place (Ufa was in the first place, with an increase of 11.7%, in the second-Ulyanovsk, with it 10, with it, with it 10, 6%).Following the “apartment boom” in Kazan, which has become the main driver for the development of the situation in the real estate market, other cities are also being pulled up. So, the prices of apartments in Elabuga, for example, also demonstrate steady growth. A similar situation in other cities, although the pace is everywhere behind the capital of Tatarstan. The dynamics of segments, which gives a better idea of ​​the situation in the market than the total dynamics of average prices, also shows growth, and most segments according to most segments. “Arre” for September rose in price by 2.64 percent, “Khrushchevs” and “Leningradka” were added to the percentage. The so -called apartments are “improvements”, at the same time, have stagnated the last two months, their growth in September has been observed within 1%. But the elite housing in the first month of autumn has become more frequent, and significantly – by 3.5% for the first autumn month. Is growing in the republic and the cost of residential lease. It is explained simply – the future universiade is getting closer, and with its approach up and rental prices are torn. In Kazan, the cost of rent in 2013, according to forecasts, will “take off” 2-3 times (and both in the case of residential and commercial real estate). Will affect this process and other cities of the republic – therefore, everyone who wants to rent an apartment in Bugulma should be prepared to increase prices. There are several opinions about the reasons for the growing growth and its further prospects. Local analysts and specialists of federal level companies note that the number of housing put into operation continues to increase, especially in Kazan, which cannot but create a positive attitude in the market. Also, in the capital of Tatarstan, the planned overhaul of housing of 200 houses was completely completed, and in the cities of the republic, repairs were carried out in “optimistic” sizes of 60-80%.Another growth driver is an increase in the number of real estate transactions in the primary and secondary market, and the cities of the region came close here in volume to Kazan. The sale of houses in Chistopol, in Elabuga and Bugulm is widely. All of the above reasons make it possible to assume that forecasts about the ambulance of the regional market are unlikely to come true-not until the end of 2017 certainly.